Do we Need Altcoin?

[waynechong1995]

On good words, it creates variety and basically allow different project owners to get their startup even more solid with their tokens trade-able hence valuable throughout the course, alt-coins are part of why bitcoin is that popular as they tend to be more 'advanced' than bitcoin in every way, and more development means better maturation on the cryptocurrency market which is good for the economy.

Realistically, they are good for p & d's, create an virtual assets with trading volume it good for profits but painful to see them goes off and dies.

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[ScrumbleGames]

Altcoins is a must. If we haven't got any of the altcoins now bitcoin could have never gained such a popularity as the present. When something grows it won't be valued, but the same when grow competing with something else surely the growth makes it stand apart from the rest.

[Rufsilf]

We need altcoin because altcoins are the reason why we have choices in making investment and altcoins are the reason why we have different idea for the future and the possible solutions for the problems that we are currently have right now in this world.

[preikaler]

altcoin can have many options to make various investments and not just monotonous on one coin only. it will further attract investors to continue to improve progress in cryptocurrency

[kpierce77]

Of course. I think altcoin also plays a lot in the world of cryptocurrency and also in investment, in altcoin we can also find some opportunities in getting long term and short term benefits

[Spoetnik]

of course we need altcoins because the price of bitcoin is really high and the transaction fees is increase as well. Some people using other altcoins because they want small transaction fees.

So you like everyone else parrot what i just said.. profits.
Then no.. we do not "need" Altcoins.
There are unlimited ways to profit such as putting your FIAT into a banks savings account.

of course we need altcoins because the price of bitcoin is really high

Uhh what ?
What the fuck did i just read ?
Seriously ?

TX fees ?
Lets talk when an Altcoin matches the usage level of Bitcoin.
So far none even come close.

You all post 100% pure dog shit 24/7.
You all mimic each other relentlessly with hollow platitudes and cliche'd crypto-retorts
..about profits.

Explain to me what profits have to do with a digital currency ?
Bearing in mind a currency not used as one.. is not one.

You are all absolutely insufferable and exhausting and.. stupid.
I would never in a million years be jealous of greedy inept scammy brats pushing knowingly bad garbage fer teh ROI'z.

Crypto is dead.. you morphed it into a new age digital pyramid scheme variant for profits long ago.
It is nothing but a ponzi system machine variant.. for BTC -> FIAT profits.
There is no innovation and there is no usage and there is no adoption.
There is nothing but clones and schemes ICO'd until there is 20 fucking thousand ANN topics.
You fail to recognize and ACKNOWLEDGE the sheer level of utterly despicable profiteer faggotry going on here.
No matter how low the bar gets you simply ramble off some more idiotic crypto cult rhetoric and smile a shit eating investard grin and then send me another PM saying.. "hey Spoetnik, Which coin should i get to make me rich ?"
I didn't come here to tell children how to make money.. i came to support crypto.
And you all have made it impossible.
I can't when 99% of people shouldn't even be here and bring nothing of any use to the crypto-table.

"attract investors" the other just said ?
Jesus tap dancing fucking christ all mighty.
There shouldn't be ANY "investors" nor are these companies or startups.
Nor are you investors.. you are ponzi players in a giant facade.

A comet can't come soon enough to wipe us all out.
This retarded garbage has highlighted to me how utterly useless humanity is.
You disappoint me earth.
Before getting into this i had no magnitude of the percentage of useless idiots out there.
You sicken me.
You took something with promise and killed it dead forever.
This forum and the surrounding crypto scene has tarnished my view of humanity forever.
I'd give anything to push 99% of you in front of a bus.
You really are.. STUPID worthless little pieces of shit.

Anyone who used the word "crowd sale" should be punched in the fucking teeth.

[dvabit]

There are Bitcoin, and also there are Bitcoin Cash and Bitcoin Gold and B2X that we use it as an altcoin, but do we still need other altcoins? as i knew in the forum on the altcoin section there are much announcement about new altcoins almost everyday. do we still need that altcoins?

Yes everyone has own taste. Like i do not like bitcoin but Litecoin.

[klub88]

i think in crypto world, we need alternatif coin to get more profit. There are so many uses of altcoin in the world like trading, if only bitcoin these cant get more profit, so we need some altcoin that has potential like bitcoin, if no altcoins where traders can get fast profit.

[melted349]

We need altcoin because altcoins are the reason why we have choices in making investment and altcoins are the reason why we have different idea for the future and the possible solutions for the problems that we are currently have right now in this world.

and of course in altcoin we can say that if you cant afford the price of bitcoin atleast there is one thing that have look for the price of altcoin unlike in bitcoin specially for this days maybe some of us here are cant afford that and for me even the altcoin are in lowest price this currency will means nothing if there is no altcoin and only bitcoin are there.

[camuszpride]

Yes of course, we have lots of altcoins besides of bitcoin that we can make profit.

[chimcoin]

Obviously! We need altcoin though there are many of them. Sometimes they’re launched by enthusiasts from their basements, with good hearts but no idea how to execute. Sometimes they’re 'flashcoins', launched by smart fraudsters, intent on pumping and dumping for a fast buck. Some altcoins may offer returns, but they’re like penny stocks: highly volatile, and difficult to predict. That makes investment difficult, especially when they’re entirely unregulated. However, this still doesn’t mean that there are too many coins. In fact, we need them all.

[Spoetnik]

Coindesk from 2013 during the SCRYPT cloning days.
But before the great recession in crypto.
http://www.coindesk.com/need-altcoins-can-get/

Note: When it was posted the disclaimer on the bottom did NOT exist.

I doubt the 3 post noob accounts have seen that and i'd love nothing more than to arm them with the classics.
You need to be educated in the crypto cliche'd retorts.
How do you defend shitcoin'ing for ROI's ?
You have to read the play book.  

But if you all actually wanted to have an intelligent conversation ?
You would have to glean over the topic and aggregate all the replies that said.. profit.
Then the topic would of course be about "is that a good thing ?"

When all of crypto revolves around nothing more than a growing number of scheme coins for profit..
..is that good ?

And the majority will likely line up to say yes.. because you know.. i have my mouth to feed.
Probably the same thing every scammer in history said.
You know you all have about the same level of morality class and integrity as Ransomware pushers.
Don't you think that is sad & pathetic ?
You should.

You won't though.. you will as always fire off a classic crypto obligatory retort claiming i am jealous of yur ROI'z.

meh, what ever.. i just come back here to see if Jesus (Satoshi) is kicking your tables over yet.

EDIT:
I just seen the last sentence by the guy commenting before me ROFORORLF LOLOLOL 

[Trimegistus]

Obviously! We need altcoin though there are many of them. Sometimes they’re launched by enthusiasts from their basements, with good hearts but no idea how to execute. Sometimes they’re 'flashcoins', launched by smart fraudsters, intent on pumping and dumping for a fast buck. Some altcoins may offer returns, but they’re like penny stocks: highly volatile, and difficult to predict. That makes investment difficult, especially when they’re entirely unregulated. However, this still doesn’t mean that there are too many coins. In fact, we need them all.

Well, you got it right. Except for the last sentence  

How can the world need +1300 altcoins? What the hell for? +90% of them are pure trash, created just to scam the greedy noobs who come in here looking for a way to make profit.

Somehow, over the years, the ideia that crypto mining/trading is an easy way get rich was spread in different ways, by different people.

I understand how appealing it must sound the notion that one can make a fortune without effort. Thousands of so called investors are betting their money on stuff they don't understand, because they are too lazy to educate themselves. Obviously, compiling and assimilating serious information takes time and effort and that would defeat the purpose of gaining fast wealth without disturbing a brain cell.

We need altcoins. Period! But not a plethora of ponzies that only contribute to give crypto a bad name.

[imsotiredofmoviereboots]

Altcoin has different platforms from industrial, education, health and etc. We need them because they are going to improve the system on those areas.

[crytomusica]

Altcoin has different platforms from industrial, education, health and etc. We need them because they are going to improve the system on those areas.

That is true. Alt coins are touching very different needs of the society and that's why we need alt coins to exist. as far as there are successful alt coin projects going on that will be good for us.

[Spoetnik]

Altcoin has different platforms from industrial, education, health and etc. We need them because they are going to improve the system on those areas.

Yup.. we "need" Crypto-Kitties.  

You all simply decided that tacking some form of ledger or block-chain onto something, anything.. makes it a currency.
Then you decided that these are now companies.. and you are now investors.
And you all think your "startups" are going to get you rich.

Ever heard of a digital currency ?

Who's making them ?
Ripple inc. fined by FiNCEN ?

Butters makes a coin cloning platform original intended to mod BTC to be an APPS gimmick capitalizing on the app's trend then he tells exchanges to freeze the coin and they do.. and some how all the shit he does is "decentralized" ?
You don't know what the fucking word means  

Which part of "crypto" do you want me to rip a gaping hole into now ?
Take your pick.. the entire thing is silly retarded bullshit.
Seriously pick any aspect of any of this obscene garbage and i will rip it open wide.

Why the fuck are so many coins worth $200+ ?
You know what Apple or Microsoft stock is worth ?
As investors you should be able to compare them and see one is inflated to ridiculous levels.

I am curious who will HODL their coins when panic kicks in and dumping ensues.

Need ?
Yeah we need an open source fairly launched decentralized working & scalable DIGITAL CURRENCY.
Slapping Grandma's recipe's on the block-chain or Crypto-Kitties then ICO'ing it to support a corporation is not a currency.
It's a fucking pyramid / ponzi scheme of sorts nothing more.

It was created in the first place over ideology.
So explain to me how you do it then if you abandoned said ideology.
It's the same type of logic that says XYZ coin will replace FIAT/BTC so buy it with FIAT/BTC.

You all wonder why i think you are stupid ?

[YongMaTheMagicCom]

for now I threw away all my altcoin and exchange it to Bitcoin because I was more confident about Bitcoin than altcoin

it's not about throwing or holding altcoin, it depends on your opinion, whatever you take decision whether you throw or not. just do whatever you want, here we talk about needing the altcoin, and of course cryptocurrency need the altcoin itself, you cant gain bitcoin without that altcoin, just like what u said that you will be threw away your altcoin to gain bitcoin, it means you also need altcoins dude to gain bitcoin. thanks..

[condura150]

There are Bitcoin, and also there are Bitcoin Cash and Bitcoin Gold and B2X that we use it as an altcoin, but do we still need other altcoins? as i knew in the forum on the altcoin section there are much announcement about new altcoins almost everyday. do we still need that altcoins?

Yes, I think we do need altcoins. Even if there is so much altcoins being released almost everyday not all of it survives or even make it to the 'main stage' if you will. I think that we still need new altcoins because I still believe in innovation, that maybe these altcoins can make a name for themselves and can be of great help in the future. Different altcoins are released everyday and their uses are also different, they offer different services and solve different problems in reality. So, yes, we do need altcoins.

[sakokinak]

There are Bitcoin, and also there are Bitcoin Cash and Bitcoin Gold and B2X that we use it as an altcoin, but do we still need other altcoins? as i knew in the forum on the altcoin section there are much announcement about new altcoins almost everyday. do we still need that altcoins?

Altenative coins is quite symbolic definition. It include all coins that aren’t bitcoins. There are a lot of different currencies under the name Alts. Some of them very original and interesting - eth, monero, dash and others.

[artmen007]

Here the point is not that it is better BTC or altcoins is wrong to oppose them. The reason is that many coins are useful and these can 100 everything. And the rest is generally rubbish. Good altcoins need